Growth Metrics

Carrier Global (CARR) Operating Expenses (2019 - 2025)

Carrier Global (CARR) has disclosed Operating Expenses for 6 consecutive years, with $4.8 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 16.57% to $4.8 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $19.8 billion, a 2.69% decrease, with the full-year FY2025 number at $19.8 billion, down 2.69% from a year prior.
  • Operating Expenses was $4.8 billion for Q4 2025 at Carrier Global, down from $5.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $6.0 billion in Q2 2024 to a low of $2.1 billion in Q4 2022.
  • A 5-year average of $4.5 billion and a median of $4.7 billion in 2021 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: tumbled 56.41% in 2022, then skyrocketed 50.68% in 2024.
  • Carrier Global's Operating Expenses stood at $4.7 billion in 2021, then crashed by 56.41% to $2.1 billion in 2022, then soared by 32.44% to $2.7 billion in 2023, then soared by 50.68% to $4.1 billion in 2024, then rose by 16.57% to $4.8 billion in 2025.
  • Per Business Quant, the three most recent readings for CARR's Operating Expenses are $4.8 billion (Q4 2025), $5.1 billion (Q3 2025), and $5.3 billion (Q2 2025).